Morgan Stanley Maintains Overweight on Patterson-UTI Energy, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh maintains an Overweight rating on Patterson-UTI Energy (NASDAQ:PTEN) and raises the price target from $18 to $19.

June 20, 2023 | 1:19 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Patterson-UTI Energy and raises the price target from $18 to $19.
Morgan Stanley's analyst Connor Lynagh has maintained an Overweight rating on Patterson-UTI Energy (NASDAQ:PTEN) and raised the price target from $18 to $19. This positive outlook from a reputable analyst is likely to have a positive short-term impact on PTEN's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100